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Investor Presentaiton

Some figures at transition OBS a.s.r. Admiral Group PLC Level of SHE €5.7b (vs. €5.4b) at FY20 No quantitative disclosure Level of CSM Ageas €7.9b (vs. €8.1bn) at the beginning of year No quantitative disclosure No quantitative disclosure €2.4b before tax CSM release duration Risk adjustment No quantitative disclosure €2.3b (vs. €2.8b Sll) Expected operating profit Expected revenue ROE Financial leverage ratio No quantitative disclosure No quantitative disclosure No quantitative disclosure No quantitative disclosure No quantitative disclosure No quantitative disclosure No quantitative disclosure No quantitative disclosure No quantitative disclosure No quantitative disclosure No quantitative disclosure €0.3b No quantitative disclosure No quantitative disclosure No quantitative disclosure No quantitative disclosure Allianz €60b (vs. €80b incl. OCI) €54b-€60b (€33b-€37b net of reinsurance, non- attributable cost, tax and minorities) €4.5b to €5b over €60b CSM (circa 8%) No quantitative disclosure Similar for P&C (€6b-€6.5b) Similar for L&H (€4.5b-€5b) No quantitative disclosure No quantitative disclosure 23% (vs. 26%) Aviva £21b-£22b (incl. CSM)/ £16b-£17b (excl. CSM) (vs. £19b) £4b-£5b (net of tax) No quantitative disclosure No quantitative disclosure Reduction of circa 15% per annum No quantitative disclosure No quantitative disclosure Target <30% 19 Market updates on impact of IFRS 17 and IFRS 9 EY
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